USDA - The Magic Numbers
11/05/11 -- Here's the magic numbers from our little chums in Washington boys and girls. Both 2010/11 soybean and corn ending stocks are raised from last month, with the USDA cutting exports:
USDA US Ending Stock Estimates 2010/11 (Billion Buhels): | |||||
USDA | Avg Est | Range | USDA Apr 11 | USDA 09/10 | |
Corn | 0.730 | 0.661 | 0.565-0.700 | 0.676 | 1.708 |
Beans | 0.170 | 0.153 | 0.138-0.180 | 0.140 | 0.151 |
Wheat | 0.839 | 0.845 | 0.831-0.868 | 0.839 | 0.976 |
USDA US Ending Stock Estimates 2011/12 (Billion Buhels): | |||||
USDA | Avg Est | Range | USDA Apr 11 | ||
Corn | 0.900 | 0.808 | 0.574-1.025 | - | |
Beans | 0.160 | 0.167 | 0.122-0.210 | - | |
Wheat | 0.702 | 0.658 | 0.432-0.800 | - | |
USDA World Ending Stock Estimates 2010/11 (MMT): | |||||
USDA | Avg Est | Range | USDA Apr 11 | USDA 09/10 | |
Corn | 122.19 | 122.75 | 120.7-124.4 | 122.43 | 145.80 |
Beans | 63.81 | 61.55 | 60.6-62.9 | 60.94 | 58.88 |
Wheat | 182.2 | 182.31 | 180.8-183.0 | 182.83 | 197.91 |
USDA World Ending Stock Estimates 2011/12 (MMT): | |||||
USDA | Avg Est | Range | USDA Apr 11 | ||
Corn | 129.14 | 124.78 | 117.0-131.6 | - | |
Beans | 61.85 | 61.28 | 56.0-65.0 | - | |
Wheat | 181.26 | 181.76 | 176.0-185.9 | - |